Skip to main content

San Francisco Tops Hottest Markets List … Again?

Feb 01, 2016
It may be a new year, but Realtor.com’s list of the 20 Hottest U.S. Housing Markets is carrying over its 2015 rankings with San Francisco in the top spot and California occupying seven of the top 10 positions

It may be a new year, but Realtor.com’s list of the 20 Hottest U.S. Housing Markets is carrying over its 2015 rankings with San Francisco in the top spot and California occupying seven of the top 10 positions.

Joining San Francisco in the top half of the list were the California markets San Jose (in second), Vallejo (in fourth), San Diego (in fifth), Sacramento (in sixth), Stockton (in eighth) and Los Angeles (in tenth). The only non-California markets to make the grade were Dallas (in third), Nashville (in seventh) and Denver (in ninth).

Realtor.com also reported the median listing price for January was estimated at $227,000, barely changed from the previous month, but eight percent higher than a year earlier. Realtor.com Chief Economist Jonathan Smoke predicted that 2016 will be a highly active year for home sales.

“Our initial readings on January affirm the positive growth we expect to see in the residential real estate market in 2016,” said Smoke. “Our traffic, searches and listing views exhibited the January ‘pop’ we saw last year, which made for a strong spring. In addition, a large number of prospective buyers have been telling us since the second half of 2015 that they plan to purchase in the spring and summer of 2016.”

About the author
Published
Feb 01, 2016
Trigger Leads Bill Clears Senate

Final push now left to House; reconciled bill needed next

Housing Market Outlook: Brighter Days To Come

NAR Chief Economist Yun calls lower mortgage rates ‘magic bullet’ to boost home sales

Jun 11, 2025
Redfin Shareholders Say Yes To Acquisition By Rocket

Nearly 99% of Redfin shareholders vote to approve merger, though fewer vote yes to compensation for company’s execs

Jun 10, 2025
Play Ball: Ishbias Could Add Another Team To Their Roster

Justin Ishbia in agreement to potentially take over as owner of Chicago White Sox — but not for several years yet

Jun 09, 2025
Rift That Could Shift The Housing Market

Trump-Musk breakup this week could have implications for federal economic policies as well as the housing and mortgage markets

No Rate Cut Likely Yet, Fed’s Kugler Suggests

Current Fed stance ‘appropriate’ for range of reasons, Fed Board of Governors member says

Jun 05, 2025